The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-09-30 |
|---|---|---|
| Net income | 1,354,665 | 18,492 |
| Formation costs paid by sponsor in exchange for issuance of class b ordinary shares | - | 14,675 |
| Payment of general and administrative costs through ipo promissory note related party | - | 42,178 |
| Interest earned on investments held in trust account | 1,381,591 | 151,164 |
| Prepaid expenses | 21,653 | 21,313 |
| Prepaid insurance | - | 70,281 |
| Long-term prepaid insurance | -85,705 | 68,134 |
| Accounts payable and accrued expenses | -12,646 | 13,431 |
| Net cash used in operating activities | 37,908 | -222,116 |
| Investment of cash into trust account | - | 172,500,000 |
| Net cash used in investing activities | - | -172,500,000 |
| Proceeds from sale of units, net of underwriting discounts paid | - | 169,050,000 |
| Proceeds from sale of private placements warrants | - | 5,300,000 |
| Repayment of ipo promissory note - related party | - | 202,680 |
| Payment of offering costs | - | 327,076 |
| Net cash provided by financing activities | - | 173,820,244 |
| Net change in cash | -1,282,336 | 1,098,128 |
| Cash beginning of period | 1,098,128 | 0 |
| Cash end of period | 770,377 | 1,098,128 |
Galata Acquisition Corp. II (LATA)
Galata Acquisition Corp. II (LATA)